On the Record · Sprague Resources

Sprague Resources acquisitions, on the record

The businesses Sprague Resources bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Coen Energy Word for word“On October 1, 2017, we purchased the membership interests of Coen Energy, LLC and Coen Transport, LLC as well as assets consisting of four bulk plants and underlying real estate (collectively, “Coen Energy”).” 10-K for 2019	acquisition	On October 1, 2017	—
Carbo Terminals (Carbo Industries, Inc. and certain affiliates) Word for word“The fair value of the consideration totaled $72.0 million and consisted of $13.3 million in cash that was financed through borrowings under our credit facility, an obligation to pay $38.2 million over a ten year period (estimated net present value of $27.3 million) and 1,131,551 common units with a fair value of $31.4 million as of April 18, 2017.” 10-K for 2019	acquisition	—	The fair value of the consideration totaled $72.0 million
Capital Terminal (East Providence, Rhode Island refined product terminal business of Capital Properties Inc.) Word for word“On February 10, 2017, we acquired the East Providence, Rhode Island refined product terminal business of Capital Properties Inc. (the “Capital Terminal”) for $22.0 million and we financed with borrowings under our credit facility.” 10-K for 2019	acquisition	On February 10, 2017	$22.0 million
Mt. Vernon terminal Word for word“Net cash provided by investing activities for the year ended December 31, 2020 was $0.5 million and consisted primarily of $6.2 million related to maintenance capital expenditures, $3.8 million related to expansion capital expenditures across our terminal system offset by $12.7 million related to proceeds largely driven by the proceeds of approximately $10.3 million from the sale of the Mount Vernon terminal.” 10-K for 2020	divestiture	—	approximately $10.3 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Goodwill from acquisitions
2016-12-31	$7.3 million
2017-12-31	$44.5 million
2018-12-31	$0

Deal filings since 2016

2022-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-04-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-19 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-01-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Sprague Resources’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-03-04. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.